HDG to allocate bonus shares at 4:1 ratio

31-May-2012 Intellasia | Vietstock | 1:45 PM Print This Post

The management board of Ha Do Group Joint Stock Co (coded HDG) has lately approved for issuing additional 10,124,987 bonus shares to allocate to the existing shareholders.

The applied ratio would be 4:1.

The company would use the sources of accumulative after tax profit, capital surplus and development fund up to December 31, 2011 for this bonus share allocation.

The share issuance is expected to be conducted in Q2 or Q3 this year.

 

Category: Stocks

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